$ETH: Even a Caribbean scam exchange has more action than the ETH ETF market. The entire BlackRock ETH ETF did just $1.3M volume last week! On 6th November we saw a buying volume of ONLY $10,000 https://t.co/4PhZBsnjfq ...

Financial Innovation - MicroStrategy's preferred shares offer an 8% dividend on $50 shares, funding 487 BTC purchases without diluting common shareholders [1] - This structure provides permanent capital for Bitcoin acquisition without impacting equity [1] - BlackRock has reportedly filed for a similar structure, indicating industry interest [1] - Metaplanet replicated the strategy, raising $67 million [1] Corporate Bitcoin Adoption - The preferred share structure serves as a blueprint for CFOs seeking Bitcoin exposure [1] - This approach could facilitate S&P 500 inclusion by allowing treasury compounding without shareholder dilution [1]

Core Insights - Bitcoin may face significant political challenges in 2028 when President Trump leaves office, potentially impacting the pro-crypto environment that has supported the industry [1][2] Group 1: Political Influence on Crypto - Trump's leadership has created a strong connection between his policies and crypto investor confidence, with 73% of U.S. crypto investors supporting his digital asset policies as of 2025 [2] - The exit of Trump could lead to a loss of regulatory support, which is crucial for maintaining current momentum in the crypto market [2][3] Group 2: Investor Reactions - Institutional investors have built exposure to Bitcoin based on expectations of regulatory clarity and support from the SEC, which may diminish after Trump's departure [3][4] - Retail investors are likely to react more emotionally and quickly to Trump's exit, potentially leading to panic selling and increased volatility [5] Group 3: Regulatory Environment - The regulatory landscape could shift back to a more enforcement-oriented approach without Trump's influence, with the SEC potentially adopting stricter interpretations of securities laws [6][7] - New regulations could emerge, such as requiring stablecoin issuers to operate under banking supervision, which may slow institutional participation in the crypto market [7][8] Group 4: Legislative Momentum - Trump's presence has been pivotal in advancing pro-crypto legislation, and his absence may hinder future legislative efforts while oversight-focused proposals gain traction [9] - The political landscape may see a resurgence of skepticism towards crypto, particularly from figures like Senator Elizabeth Warren, although some Democrats may adjust their stance to appeal to younger voters [9] Group 5: Market Dynamics - Historical patterns indicate that Bitcoin may experience short-term volatility following political events, with potential sell-offs followed by consolidation as investors reassess the regulatory environment [10] - Long-term drivers of Bitcoin, such as halving cycles and institutional adoption, are expected to regain prominence after initial adjustments [11] Group 6: Future of Crypto Post-Trump - Despite the potential challenges posed by Trump's exit, Bitcoin's foundational strength lies in its decentralization, suggesting that the market may mature and focus more on fundamentals rather than political narratives [12]

RT Capital Markets (@capitalmarkets)The momentum gets intensified each week with institutional interest, capital inflows, strategic alliances, new products and much more.We bring you a few of the key developments from last week.- @Solana ETFs pulled in $136.6M in weekly inflows, while BTC & ETH ETFs saw net outflows- RWAs on Solana hits $800M+ in total value for a new ATH; Total holders crossed 100K (h/t @RWA_xyz)- Solana joined the Blockchain Payments Consortium (BPC) to standardize stablecoin payments- @B ...

Core Insights - Whales have adopted a bearish stance on BlackRock, with 50% of trades being bearish and only 25% bullish [1] - The predicted price range for BlackRock is between $700.0 and $1100.0 based on recent options activity [2] - BlackRock is the largest asset manager globally, managing $13.464 trillion in assets as of September 2025, with a diverse product mix [9][10] Options Activity - Recent options trades show a total of 8 trades, with 5 puts amounting to $292,672 and 3 calls totaling $111,400 [1] - The volume and open interest data indicate significant liquidity and interest in BlackRock's options within the $700.0 to $1100.0 strike price range over the last 30 days [3][4] Expert Ratings - Analysts have provided an average target price of $1401.8 for BlackRock, with individual targets ranging from $1300 to $1486 from various firms [12][13] - Notable ratings include Buy from B of A Securities with a target of $1456 and Overweight from Morgan Stanley with a target of $1486 [13] Current Market Position - BlackRock's trading volume is reported at 160,504, with the stock price at $1081.62, reflecting a slight decrease of -0.05% [15] - The stock may be oversold according to RSI indicators, with an earnings announcement expected in 65 days [15]

Financial Data and Key Metrics Changes - Antalpha reported total revenue of $21.1 million for Q3 2025, representing a 62% year-over-year increase, marking the third consecutive quarter of revenue acceleration [11] - Adjusted EBITDA margin reached 40% in Q3, which includes $3.4 million in unrealized gains on Tether Gold holdings [15] - Total loans facilitated on Antalpha Prime reached $2.4 billion, up 60% year-over-year, driven by new client rings and increased loan amounts from existing clients [12] Business Line Data and Key Metrics Changes - Tech financing fees on supply chain loans reached $15.6 million, up 51% year-over-year, driven by strong hash rate loan growth [11] - Tech platform fees on margin loans roughly doubled year-over-year to $5.5 million, benefiting from higher Bitcoin prices [11] - The average loan amount per customer for supply chain loans is approximately $32 million, while for margin loans, it is around $47 million, both growing over 50% year-over-year [33] Market Data and Key Metrics Changes - The number of institutional clients increased by 28% year-over-year in Q3, with total value of loans (TVL) per customer on a 12-month rolling basis increasing by 55% year-over-year [12] - Antalpha's LTV on supply chain loans was at 59% at the end of Q3 [3] - The crypto market capitalization is estimated to be between $3.5 trillion and $4 trillion, comparable to the annual GDP of Japan or the U.K. [4] Company Strategy and Development Direction - Antalpha is focusing on globalization and the NLPaaS RWA hub as strategic priorities, requiring investments to develop significant new growth curves [6][7] - The company aims to grow Aurelion to a $10 billion Tether Gold DATT over time to increase collateral resiliency and provide funding for new lending scenarios [17] - Antalpha is leveraging its platform to drive sustainable revenue growth, expand margins, and strengthen its balance sheet while positioning for long-term global expansion [15] Management's Comments on Operating Environment and Future Outlook - Management expects Q4 revenue to range between $26 million and $28 million, representing 94%-109% growth year-over-year [15] - The company is optimistic about the broader adoption of collateralized loans in the crypto sector, driven by policy tailwinds and the passing of the Genius Act [3] - Management highlighted the importance of tokenized gold in the crypto economy, suggesting significant growth potential in this area [7] Other Important Information - Antalpha completed the acquisition of Prestige Wealth for $43 million, which will be renamed Aurelion, marking a pivotal milestone in its treasury strategy [9] - The company financed 77.1 exahash of hash rate capacity at the end of Q3, indicating active participation in the mining sector [11] Q&A Session Summary Question: Is the fourth quarter guidance assuming any benefit from Aurelion, or is it all organic? - Management clarified that revenue does not derive from Aurelion; instead, Aurelion raises capital and lends gold to strengthen Antalpha's balance sheet [20] Question: Can you expand on pricing power in the business? - Management noted that despite the Fed decreasing interest rates, they have maintained tech fees, and branding power since going public has improved margins [23] Question: What is the proper range for net interest margin, and can it reach 2%? - Management indicated that net interest margin has been improving and there is potential for growth as the brand scales and enters new markets [30] Question: What is the average loan amount per customer? - The average loan amount for supply chain loans is approximately $32 million, and for margin loans, it is around $47 million, both growing over 50% year-over-year [33] Question: Can you provide the total number of customers in each segment? - Management stated there are close to 50 customers for supply chain loans and a little above 40 for margin loans, totaling approximately 80 customers [35][36]

BlackRock wants to tokenize it all to import r their bottom line.Cool thing about crypto is we can custody our own assets and own them with our BlackRock. https://t.co/HUMvAhMNVf ...

bob claims $1.7b volume but independent verification found 3 btc weekly across main uniswap pools. anchorage digital, the only federally chartered crypto bank managing blackrock's buidl fund, just made it their bitcoin defi execution layer. banklessvc holding bags for nov 10 token sale on coinlist. infrastructure for $1.9t in bitcoin yield generation built on fake metrics ...

US spot Bitcoin ETFs bleed over two billion in second worst outflow streak ever. And uh this is over seven days. It's not just this week. It's over seven days.And you can see that it's brutal. So let's see. Black Rockck pretty much the biggest offenders because they have the most.And then uh see like everybody's in the either they were in the red or they didn't buy. Wow, look at that. That sucks.So, you're down two billion. Is that what it is. Well, 8 n 10 somewhere around there.So, yeah. So, uh, second wor ...

Core Insights - BlackRock, the world's largest asset manager, is shutting down a social impact fund that had invested in the now-collapsed subprime car lender Tricolor [1] Company Summary - The decision to wind down the fund is reported by the Financial Times, citing sources familiar with the situation [1]